News Centre

UK's Financial Conduct Authority And Prudential Regulation Authority Appoint New Chair Of The Financial Services Compensation Scheme

Date 13/02/2018

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) today announce the appointment of Marshall Bailey as Chair of the Financial Services Compensation Scheme Ltd (FSCS) with effect from 1 April 2018. The appointment was made by the FCA Board and the Prudential Regulation Committee (PRC) with the approval of HM Treasury. Marshall Bailey succeeds Lawrence Churchill who is stepping down after two successful terms as Chair.

HKEX To Add Long-Dated HSI And HSCEI Futures And Options From 5 March

Date 13/02/2018

• HSI and HSCEI Futures and Options to be enhanced from 5 March to give investors more choices
• Long-dated contract months to be rolled out for HSI and HSCEI Futures
• Additional long-dated contract months to be rolled out for HSI and HSCEI Options

Nasdaq Launches Nasdaq Nordic Fund Market In Finland And Norway

Date 13/02/2018

Today Nasdaq (Nasdaq:NDAQ) Broker Services announced the launch of Nasdaq Nordic Fund Market in Finland and Norway. The market service, available in Sweden since 2010, aims to increase the efficiency for fund distributors and fund companies by enabling electronic straight through processing of orders and settlement.

Leading UK Crypto Companies Launch Self-Regulatory Body

Date 13/02/2018

• CryptoUK set-up to represent the whole sector including intermediaries, comparison sites, exchanges and trading platforms.
• First ever Code of Conduct aimed at improving operating standards and consumer protection following surge in popularity.
• Members call on government to make UK a global leader.

Securities Commission Malaysia Charges Chairman Of Three-A Resources Bhd For Insider Trading

Date 13/02/2018

The Securities Commission Malaysia (SC) today charged the Chairman of Three-A Resources Bhd (3A) with insider trading under Section 188(2)(a) of the Capital Markets & Services Act 2007 (CMSA). Dato’ Mohd Nor Abdul Wahid, 66, was charged at the Kuala Lumpur Sessions Court for acquiring 500,000 units of 3A shares on 5 October 2009 while in possession of material non-public information.

LCH’s EquityClear Welcomes Cecabank As first Spanish Clearing Member

Date 13/02/2018

• Cecabank extends existing LCH Limited membership to include equities clearing
• Builds on LCH Limited’s pan-European equities clearing service which includes clearing of Spanish stocks
• Underlines LCH’s ongoing commitment to providing choice and efficiencies for European markets

Vienna Stock Exchange: Austria’s Family Businesses Get Their Own Benchmark Index

Date 13/02/2018

• Newly launched ATX Family index comprises the 14 largest family businesses listed on the Vienna Stock Exchange
• Many of the covered businesses are global market leaders in their respective niches
• Performance indices include dividend payments

NEX Regulatory Reporting Launches Short Code Identity Service ‘ISCI’ - The Short Code Identifier Service Will Protect Anonymity, Ensure Operational Efficiency And Future Compliance With GDPR

Date 13/02/2018

NEX Regulatory Reporting announces today that during the rollout of MiFID II, it successfully launched its short code identifier service the ‘Industry Standard Common Identifier’ (“ISCI”) to help market participants meet their MiFID II requirements while simultaneously protecting the data of individuals.

First Scale IPO Of 2018: STEMMER IMAGING AG Share Subscription Started On Frankfurt Stock Exchange

Date 13/02/2018

• Trading scheduled to start on 27 February
• Support in share placement from DirectPlace subscription function

DGCX Approves ZagTrader As An Independent Software Vendor

Date 13/02/2018

Dubai Gold & Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, has formally announced today its newest approved Independent Software Vendor (ISV) – ZagTrader.